The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the NYSE 20 Year Plus Treasury Bond Index.
The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in U.S. government securities that comprise the NYSE 20 Year Plus Treasury Bond Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The fund is non-diversified.

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